$160,000
●
House -
Off Market
9290 Brandy Lane
Lake Worth, FL 33467
3 Beds
3 Baths
1,344 Ft²
$316,951
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model
About This Property
Charming & cozy 2 Bedroom, 2 Bath home, with additional efficiency
apartment that has a bedroom/living room combo, full kitchen with
refrigerator and stove, closet and full bathroom. There is an
additional workshop under the home with water and electric. Two
large driveways are located on both sides of the home for tons of
parking. *New Roof 2005, *New AC & duct work 2013. *Kitchen
remodeled & both bathrooms recently remodeled. *New wood flooring
throughout. Large covered patio with French doors leading to front
porch. Spacious & lushly landscaped yard has 4 mango trees & 1
avocado tree. Well cared for home with tons of character and income
opportunity. Don't miss this one! ***Workshop with
electric & water measures: 22 x 12 & Laundry Area/Workshop 12 x 14.
Carport for covered parking. Living Square Feet does not reflect
Efficieny Apartment
Unit Size
1,344 Ft²
Days on Market
77 days
Land Size
-
Price per sqft
$126
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Beaches MLS #R10083206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Jul 17, 2021 | Listed by Keller Williams Realty - Welli | $375,000 | |
| Listed by Keller Williams Realty - Welli | |||
| Dec 13, 2018 | No longer available | - | |
| No longer available | |||
| Oct 16, 2018 | Listed | $359,000 | |
| Listed | |||
| | |||
|
Rare opportunity to own this 2-3 unit house. Upper level is a 2 bedroom, 2 full bath + a large screen room. Lower lever has a studio apartment and an open unit that could be used for storage, renovated to make a 3rd unit or laundry facility. The uses and opportunity to make this property generate income are endless. Large fenced in property with more than enough parking for many occupants. Located near the end of a dead end road with mature fruit trees and landscaping. Walking distance to top rated middle school and minutes away from the turnpike, restaurants and shopping. These units would be easy to rent out or purchase for a family and with an in-law or extended family suite. This is a non HOA residential neighborhood surrounded by high end newly constructed homes. The manager has listed the unit size as 1344 square feet.
| |||
| Jan 14, 2015 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tropical Country Estates
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Listed by: Jennifer Schillace
Keller Williams Realty - Welli
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10083206
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keller Williams Realty - Welli
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10083206
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